PID - ETF AI Analysis
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Invesco International Dividend Achievers ETF (PID)
Rating:68Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown positive returns over the past month, three months, and year-to-date, indicating steady recent momentum.
Diversified Sector Exposure
Holdings are spread across many sectors such as financials, utilities, communication services, energy, and technology, which helps reduce the impact of weakness in any single industry.
Several Strong Top Holdings
Some of the largest positions, including companies in financials, energy, and renewable infrastructure, have delivered strong year-to-date gains that support the fund’s overall performance.
Negative Factors
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can gradually reduce net returns for long-term investors.
Concentration in North America
Most assets are invested in the U.S. and Canada, limiting exposure to other international markets and reducing global diversification.
Several Lagging Top Holdings
A number of the largest positions, including telecom, healthcare, and consumer-related names, have shown weak year-to-date performance that may weigh on future returns if the trend continues.
PID vs. SPDR S&P 500 ETF (SPY)
AUM925.14M
RegionGlobal Ex-U.S.
Expense Ratio0.53%
Beta0.43
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield3.26%
Asset ClassEquity
Index TrackedNASDAQ International Dividend Achiever Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume45,448
30 Day Avg. Volume93,233
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering62
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PID Summary
The Invesco International Dividend Achievers ETF (PID) tracks the NASDAQ International Dividend Achiever Index, focusing on companies outside the U.S. that have a strong record of paying and growing their dividends. It holds a mix of sectors like financials, utilities, energy, and technology, and includes well-known names such as Novo Nordisk and Enbridge. Someone might invest in PID to seek steady income from dividends while diversifying across many international industries. A key risk is that stock prices and dividend payments can go up and down with global markets, so returns are not guaranteed.
How much will it cost me?The Invesco International Dividend Achievers ETF (PID) has an expense ratio of 0.53%, meaning you’ll pay $5.30 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is focused on a specific strategy of investing in international dividend-paying companies, which requires more active management. It’s a reasonable fee for the specialized exposure it provides.
What would affect this ETF?The Invesco International Dividend Achievers ETF (PID) could benefit from global economic stability and increased demand for dividend-paying stocks, especially as companies in sectors like Communication Services and Utilities continue to show resilience and growth potential. However, challenges such as rising interest rates or regulatory changes in key international markets could negatively impact dividend-paying companies, particularly in sectors like Financials and Energy. Additionally, currency fluctuations in global markets may affect returns for U.S.-based investors.
PID Top 10 Holdings
PID leans heavily on steady, dividend-rich names outside the U.S., with a clear tilt toward financials, utilities, and energy. European energy giant Eni and Canadian pipeline player Enbridge have been doing the heavy lifting lately, helping keep the fund’s income engine humming. Novo Nordisk has been a bit of a roller coaster, rising recently but still shaking off earlier weakness. On the flip side, telecom names like Telus and Indonesia’s Telkom, along with China-focused FinVolution, have been lagging and quietly putting a brake on overall performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Telus | 3.52% | $32.49M | C$26.18B | -26.30% | 62 Neutral | |
| Eni SPA | 3.48% | $32.10M | $80.42B | 64.16% | 79 Outperform | |
| Enbridge | 3.34% | $30.81M | $123.08B | 21.06% | 69 Neutral | |
| Novo Nordisk | 3.31% | $30.47M | $194.34B | -45.03% | 73 Outperform | |
| Itau Unibanco | 3.28% | $30.26M | $90.34B | 25.47% | 69 Neutral | |
| Brookfield Renewable Partners | 3.23% | $29.80M | C$33.90B | 31.04% | 56 Neutral | |
| British American Tobacco | 3.07% | $28.28M | $132.82B | 27.70% | 59 Neutral | |
| PT Telekomunikasi Indonesia Tbk | 2.76% | $25.43M | $15.99B | -4.74% | 75 Outperform | |
| Brookfield Infrastructure | 2.68% | $24.73M | C$24.81B | 16.14% | 69 Neutral | |
| FinVolution Group | 2.65% | $24.44M | $1.20B | -42.18% | 71 Outperform |
PID Technical Analysis
Positive
―
Price Trends
22.86
Positive
22.77
Positive
22.05
Positive
Market Momentum
0.04
Positive
54.48
Neutral
47.36
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.03, equal to the 50-day MA of 22.86, and equal to the 200-day MA of 22.05, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 54.48 is Neutral, neither overbought nor oversold. The STOCH value of 47.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PID.
PID Peer Comparison
Comparison Results
Performance Comparison
PID
Invesco International Dividend Achievers ETF
23.09
3.01
14.99%
QINT
American Century Quality Diversified International ETF
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―
―
IPKW
Invesco International BuyBack Achievers ETF
―
―
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OSEA
Harbor International Compounders ETF
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―
―
QLTI
GMO International Quality ETF
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―
IDYN
iShares International Equity Factor Rotation Active ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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